Esprit Stones IPO Review, Date, Price, GMP

Esprit Stones specializes in crafting Engineered Stones with a focus, on engineered quartz surfaces and engineered marble surfaces produced by its subsidiary HSPL. The company creates materials using crushed stone held together by an adhesive. These Engineered Stones are resistant to scratches, stains, and heat due to their porous nature making them highly durable. Their durability and ease of maintenance make them suitable for applications such, as vanities, bathroom surfaces, kitchen countertops, floors, wall cladding, furniture, and other interior surfaces used in both commercial spaces.

Esprit Stones creative approach, to design and production allows for a range of colors, styles, patterns, and textures in their products. By tailoring their manufacturing processes the company has improved the consistency, quality, durability, and resistance to cracks in their Engineered Stones. 

Esprit Stones ships its products to, more than 10 countries, such, as the United States, Canada, Egypt, Bulgaria, the United Arab Emirates, and Saudi Arabia with most of its sales coming from exports.

Esprit Stones IPO Complete Details:

Esprit Stones IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP Of Esprit Stones is Around 54 Rs.

Objects Of Issue:

1. Funding the working capital requirements of the company.

2. Investing in the subsidiary, Haique Stones Private Limited (HSPL), to repay and/or prepay part or all of its outstanding borrowings.

3. Investing in the subsidiary, Haique Stones Private Limited (HSPL), to fund its working capital requirements.

4. General corporate purposes.

Promoters:

• SUNILKUMAR LUNAWATH
• NITIN GATTANI
• PRADEEPKUMAR LUNAWATH
• SANGEETA GATTANI
• ANUSHREE LUNAWATH

FAQs: